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20 Pesos Gobierno Constitucionalista de Mexico

Issuer Gobierno Constitucionalista de México (Monclova, Coahuila)
Year 1913
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Reference(s) P#S629
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Reverse description Printed entirely in green on white paper, the reverse is dominated by an intricate guilloche underprint of interlocking rosette and lattice patterns filling the central field. Large numeral '20' medallions occupy each lateral margin within scalloped cartouches, with the word 'VEINTE' inscribed above each. The issuer title 'GOBIERNO CONSTITUCIONALISTA DE MÉXICO' appears in two lines at the top, the denomination 'VEINTE PESOS' is set in bold letterpress within a central rectangular panel, and a two-line legal notice referencing the Decree of 26 April 1913 is placed at the foot.
Reverse lettering GOBIERNO CONSTITUCIONALISTA DE MÉXICO
VEINTE PESOS
VEINTE
ESTE BILLETE CIRCULARÁ DE ACUERDO CON EL DECRETO
DEL 26 DE ABRIL DE 1913
(Translation: CONSTITUTIONALIST GOVERNMENT OF MEXICO / TWENTY PESOS / TWENTY / THIS BANKNOTE WILL CIRCULATE IN ACCORDANCE WITH THE DECREE OF 26 APRIL 1913)
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Comments

The Constitutionalist government under Venustiano Carranza began issuing its own currency from Monclova shortly after seizing control of Coahuila in early 1913, following Huerta's coup against Madero. These notes were essentially war financing instruments — printed quickly to pay troops and suppliers before the Constitutionalists had any stable revenue base or formal banking infrastructure.

The S629 series is among the earliest Carrancista emissions, predating the more organized infalsificable issues of 1914. Counterfeiting was a genuine operational problem almost immediately, and multiple Constitutionalist factions issued notes with overlapping designs and numbering, making authentication of surviving examples genuinely complicated.

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